507 S Main StPiedmontAL36272
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Piedmont at 507 S Main St, Piedmont, AL, 36272 generates $1,781/mo in rent, after a $1,713/mo payment. Total monthly income is $1,781/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 6.11% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 91.36% and total cumulative return in cash sums $105,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,781/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36272, Piedmont, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,988 (100%) |
| Owner Occupied HU | 4,062 (67.8%) |
| Renter Occupied HU | 1,138 (19.0%) |
| Vacant Housing Units | 788 (13.2%) |
| Median Home Value | $161,014 |
| Average Home Value | $181,000 |
Housing Distribution
Address Breakdown
Residential
5,681
Single Family
5,681
Multi-Family
0
Businesses
332
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